Australia Anti Acne Cosmetics Market Size & Outlook
Australia anti acne cosmetics market, 2018-2030 (US$M)
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Australia anti acne cosmetics market highlights
- The Australia anti acne cosmetics market generated a revenue of USD 196.4 million in 2023 and is expected to reach USD 383.3 million by 2030.
- The Australia market is expected to grow at a CAGR of 10% from 2024 to 2030.
- In terms of segment, creams & lotions was the largest revenue generating product in 2023.
- Creams & Lotions is the most lucrative product segment registering the fastest growth during the forecast period.
Anti acne cosmetics market data book summary
| Market revenue in 2023 | USD 196.4 million |
| Market revenue in 2030 | USD 383.3 million |
| Growth rate | 10% (CAGR from 2023 to 2030) |
| Largest segment | Creams & lotions |
| Fastest growing segment | Creams & Lotions |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mask, Creams & Lotions, Cleansers & Toners |
| Key market players worldwide | Waldencast PLC Class A, Allergan, L'Oreal SA, The Beauty Health Co Ordinary Shares - Class A, Glowbiotics, PCA Skin, Phytomer USA, Sente, Jan Marini Skin Research, Revision Skincare, Perricone MD |
Other key industry trends
- In terms of revenue, Australia accounted for 4.1% of the global anti acne cosmetics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, South Korea anti acne cosmetics market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 872.5 million by 2030.
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Anti Acne Cosmetics Market Scope
Anti Acne Cosmetics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia anti acne cosmetics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to anti acne cosmetics market will help companies and investors design strategic landscapes.
Creams & lotions was the largest segment with a revenue share of 41.75% in 2023. Horizon Databook has segmented the Australia anti acne cosmetics market based on mask, creams & lotions, cleansers & toners covering the revenue growth of each sub-segment from 2018 to 2030.
Australia’s middle-class family accounts for 58% of the total population with personal disposable income of USD 32,759 annually. Moreover, the prevalence of acne is quite high in the country, with a prevalence of 93.3% in people aged 16 to 18 years in Australia.
According to Australian Journal of General Practice, in Australia, acne is seen by GPs at a frequency of 0.4 out of every 100 consultations. However, patients with acne will often seek treatment and advice for their acne from nonmedical sources, including family, friends, & magazines. In 2019, 35% of patients had a new diagnosis of acne.
According to Naturally Good, the organic beauty industry is booming in Australia. Factors such as expansion of distribution channels, increase in online customer reach, and retailers’ shift toward offering premium personal care products on shelves have boosted the market trend.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia anti acne cosmetics market , including forecasts for subscribers. This country databook contains high-level insights into Australia anti acne cosmetics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia anti acne cosmetics market size, by product, 2018-2030 (US$M)
Australia Anti Acne Cosmetics Market Outlook Share, 2023 & 2030 (US$M)
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